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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Michael Scher
Senior Editor

Elizabeth K. Spahn Contributing Editor

Julie DiMauro Contributing Editor

Eric Carlson Contributing Editor

Michael Kuria Contributing Editor

Thomas Fox Contributing Editor

Philip Fitzgerald Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Brook Horowitz Contributing Editor

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FCPA Blog Daily News

Friday
Nov212014

PetroTiger defendant brings latest ‘foreign official’ challenge

Joseph Sigelman, who served as a former co-CEO of PetroTiger Ltd., is the latest FCPA defendant to argue that employees of state-owned enterprises aren't "foreign officials" under the FCPA.

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Friday
Nov212014

IKEA’s charitable giving in Russia and the FCPA (Part Five)

This is the fifth post in our series about IKEA’s charitable contributions in Russia in the 1990s and early 2000s. Today we’re looking at an event that at first glance doesn’t even appear to be a donation.

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Friday
Nov212014

Job: Compliance Officer (Credit Suisse, NYC)

Job Title: Compliance Officer

Job ID: 047423

Employer: Credit Suisse

Location, New York, NY

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Friday
Nov212014

Blowback from overseas graft hits home

Leslie Caldwell, the chief of the DOJ's criminal division, does well at explaining why enforcing the FCPA and fighting corruption is a priority for the United States. Here's part of what she said Wednesday at ACI's 31st international conference on the FCPA at National Harbor, Maryland:

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Friday
Nov212014

China Corruption Blotter (November 21, 2014

Foshan Shengbang Medicine Co Ltd and Foshan Shengbang Medical Equipment Co Ltd have been fined $49,000 each for bribing medical officials to win supply contracts. Qi Yaofang, former head of the Foshan Food and Drug Administration, is being investigated for taking $18,000 in bribes from the two companies. http://politics.caijing.com.cn

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Thursday
Nov202014

Whistleblowers awarded $435 million in FY2014 FCA actions

During the fiscal year that ended September 30, the government paid out $435 million to the individuals who exposed fraud and false claims by filing a qui tam complaint, "often at great risk to their careers," the DOJ said Thursday.

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Thursday
Nov202014

IKEA’s charitable giving in Russia and the FCPA (Part Four)

In this series, we’re looking at IKEA’s charitable contributions in Russia during its expansion there in the 1990s and early 2000s. In Parts Two and Three, I presented quotes from the memoir of the former CEO of IKEA Russia, Lennart Dahlgren. He describes with apparent candor why some of the charitable contributions were made and the impact they had on IKEA’s business. We continue the analysis here, reviewing an episode related to IKEA’s attempt to open a shopping mall, MEGA.

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Thursday
Nov202014

Friends and Enemies: When anti-graft campaigns become political weapons

Civil asset recovery actions against kleptocrats stashing their loot in luxury real estate abroad has become a hot new topic in the global anti-corruption movements with the publication of Public Wrongs, Private Actions. This handy guide empowers developing nations with realistic tools to hunt down the stolen assets secreted abroad. Civil lawsuits, unlike criminal cases, do not normally require dual criminality and are therefore often the best and only possible remedy.

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Thursday
Nov202014

FCA small bank and insurance intermediary reviews: Not good but getting better

Last week, the UK’s Fianncial Conduct Authority published thematic financial crime risk reviews into 21 small banks and ten commercial insurance intermediaries. It also commenced a consultation exercise on its proposed guidance on financial crime systems and controls.

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Thursday
Nov202014

Raids on Bangkok ‘venues’ turn up police bribe list

Authorities raiding two entertainment venues in Thailand's capital said they found a list of police officers who allegedly took bribes to ignore license violations and illegal sex services.

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